During a period when automobile manufacturers are hiking prices across their ranges due to rising input costs, Honda Siel Cars Ltd is doing the exact opposite - they're reducing prices!
The City will now be Rs 3000 cheaper, and the Civic's price is lowered by Rs 5000. The price cuts are attributed to the 2% central sales tax, which used to be 3%. The CR-V's price will remain identical as it does not qualify for CST reduction.
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